this post was submitted on 16 Dec 2023
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politics

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[–] TransplantedSconie@lemm.ee 22 points 11 months ago (1 children)

Oh yes please. The next hurricane that hits we won't have to pay for, and when they freeze or melt because their electrical grid collapses we can just watch.

[–] gullible@kbin.social -5 points 11 months ago (1 children)

Texas is one of the few financially functional red states so that wouldn’t be a concern. No clue whether they’d maintain their finances if they seceded.

[–] HopeOfTheGunblade@kbin.social 22 points 11 months ago (2 children)

How financially functional do you think they'll be when they lose all the trade agreements of the US and the ability to freely trade with the other states?

[–] oo1@kbin.social 0 points 11 months ago (2 children)

Do they still have lots of oil?

That's a fairly widely traded commodity so probably would help buffer against impacts on other industries of trade instability. Though they might have to consider higher tax on oil or something.

[–] HopeOfTheGunblade@kbin.social 6 points 11 months ago

Does Texas have lots of oil, or do oil companies have lots of oil that happens to be located in Texas?

[–] FlowVoid@lemmy.world 1 points 11 months ago

Venezuela has oil. Doesn't make them functional.

[–] gullible@kbin.social -1 points 11 months ago (1 children)

I have no clue, and anyone on the internet who says they do is dubious at best. It’s an incredibly complex question.

[–] HopeOfTheGunblade@kbin.social 7 points 11 months ago

It didn't go so hot after Brexit, I can't imagine why we should expect Texit to go better.